62,757 Shares in ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) Purchased by Delphi Financial Group Inc.

Delphi Financial Group Inc. acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund Inc (NYSE:EMO) in the third quarter, Holdings Channel reports. The fund acquired 62,757 shares of the investment management company’s stock, valued at approximately $2,648,000. ClearBridge Energy Midstream Opportunity Fund makes up approximately 1.5% of Delphi Financial Group Inc.’s holdings, making the stock its 12th largest position.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Gilliland Jeter Wealth Management LLC acquired a new stake in ClearBridge Energy Midstream Opportunity Fund during the 3rd quarter worth about $31,000. Bogart Wealth LLC purchased a new stake in shares of ClearBridge Energy Midstream Opportunity Fund in the third quarter worth approximately $37,000. Eagle Bay Advisors LLC acquired a new stake in shares of ClearBridge Energy Midstream Opportunity Fund during the third quarter worth approximately $161,000. LexAurum Advisors LLC purchased a new position in ClearBridge Energy Midstream Opportunity Fund during the third quarter valued at approximately $268,000. Finally, Chicago Partners Investment Group LLC boosted its stake in shares of ClearBridge Energy Midstream Opportunity Fund by 75.0% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,283 shares of the investment management company’s stock valued at $454,000 after buying an additional 4,407 shares during the period.

Insider Activity

In related news, insider Franklin Resources Inc sold 8,467 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $43.69, for a total transaction of $369,923.23. Following the transaction, the insider now owns 51,019 shares of the company’s stock, valued at approximately $2,229,020.11. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 24,024 shares of company stock worth $1,051,375 in the last three months.

ClearBridge Energy Midstream Opportunity Fund Trading Down 0.5 %

Shares of ClearBridge Energy Midstream Opportunity Fund stock traded down $0.24 on Friday, hitting $46.13. 8,074 shares of the company traded hands, compared to its average volume of 30,558. ClearBridge Energy Midstream Opportunity Fund Inc has a 12-month low of $31.39 and a 12-month high of $46.64. The company has a 50-day moving average price of $42.46 and a 200 day moving average price of $41.54.

ClearBridge Energy Midstream Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.33 per share. This represents a $3.96 dividend on an annualized basis and a dividend yield of 8.58%. The ex-dividend date of this dividend is Thursday, November 21st.

ClearBridge Energy Midstream Opportunity Fund Profile

ClearBridge Energy MLP Opportunity Fund Inc is a closed ended equity mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by ClearBridge Investments, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the energy sector.